Not a lot may have heard of Lee Iacocca, but we are pretty sure that you all know of his creation - and that would be none other than the Ford Mustang. Iacocca was the former Ford executive that turned the former concept into a reality. Not only did he turn the Mustang into production, but he also groomed it into the icon that we know it today.

To celebrate this, Ford and Galpin decided to come up with a special Mustang to celebrate the nameplate’s 45th anniversary. They named the unique version the Iacocca Silver Edition Mustang, and guess what? It will be sold off this April.

The rear wheel drive sports car will be put up for auction at the Barrett Jackson Palm Beach 2018 sale. It will be a rare treat for collectors as this is one of only 45 examples ever built and it comes with a number of unique design and performance elements to boot. This includes a special plaque in the engine bay to signify its rarity.

Classic Car Auctions announced that its auction will include a very special item -- a 1967 Ford Mustang Convertible owned by none other than legendary British actor Charles Dance, who plays Tywin Lannister in the Game of Thrones series.

CCA’s auction will be held at The Warwickshire Exhibition Centre on December 5. The Mustang has been in the possession of Dance since 2002 and was driven every day until 2013. After that it was decided to restore the car undertaken by Phil King of Classic American Restoration Services.

In order to restore the car, new rear wings were put in as well as new floor pans. A new braking system was installed and the 289 V8 engine was fully rebuilt. A number of other installations were done and after all that, the Mustang was then given a full bare metal deep red re-spray.

Ford announced that it will sell the first production 2015 Mustang at the 2014 Barrett-Jackson auction as all of you may know already. As a result, the pony car a.k.a. the 2015 Ford Mustang GT fetched an impressive $300,000 and as expected all these money will be donated to the Juvenile Diabetes Research Fundation.

According to Ford, the person who bought the 2015 Mustang at the Barrett-Jackson auction will be given the option to choose a fastback with manual or automatic transmission, and any interior, exterior and stripe color combination offered by the company on the new Mustang. This sounds fair enough as with $300,000 you could buy around 10 Mustangs.

The model auctioned is a Mustang GT, which means it is powered by a 5.0-liter V8 engine that generates more than 420 hp and 396 pound-feet of torque. Moreover, the 2015 Mustang comes with a new front and rear suspension system that stiffens the structure while reducing the mass.

Ford Motor Co. will sell the first retail unit of the new Ford Mustang at Barrett-Jackson Auction Company’s event in Scottsdale, Arizona on January 18, 2014. The proceeds of the auction will go to JDRF, a leading global organization in the United States that funds type 1 diabetes research. In its 50 years of existence, the Ford Mustang has become a symbol of freedom for millions of people globally, thus it is only fitting that Ford will auction off a new Mustang to aid a move to free people who have diabetes.

“We’re kicking off the next 50 years of Mustang in style with a 2015 model featuring a sleek all-new design, world-class performance and innovative technologies,” remarked Steve Ling, North America car marketing manager for Ford. He said that they are “thrilled” to take advantage of Mustang’s popularity to help “achieve the dream of ending juvenile diabetes.”

Since its launch in April 1964, Mustang has been “the car designed to be designed by you,” thanks to its wide variety of powertrains, colors, body styles and other options. The 2015 Mustang continues that formula by offering three engine options and new technology features.

The 2014 Ford Mustang Cobra Jet prototype fetched $200,000 at the Barrett-Jackson Auction Company’s Las Vegas sale last weekend. Proceeds are to benefit the National Multiple Sclerosis Society, which helps people diagnosed with this disabling disease of the central nervous system.

The winning bidder for the Cobra Jet does not only become the proud owner of the NHRA-legal vehicle, but he/she also becomes an honorary member of Team Mustang with full backstage passes to the Ford Product Development Center, Ford Design Studios and Ford Racing.

Dave Pericak, Mustang chief engineer, said that watching the 2014 Ford Mustang Cobra Jet prototype “cross the block” in support of the National Multiple Sclerosis Society was very rewarding. He remarked that the Cobra Jet is “an amazing competition-ready car that will make any team an instant force in its class.”

A collector car -- a movie icon known as “Eleanor”-- will be put up for sale at Dana Mecum's 26th Original Spring Classic auction in Indianapolis on May 14-19. The modified 1967 Ford Mustang that starred in the movie “Gone in 60 Seconds” from Touchstone Pictures will cross the block as Lot S135. This car was driven in the movie by Memphis Raines, a retired master car thief played by Nicholas Cage.

While several cars handled the different scenes in the filming of the movie, this car is the “Hero” car that Cage drove during filming. This model with serial number 7R02C179710 is the one that was seen in movie close-ups, posters and promotional materials. The body pieces were built by Cinema Vehicle Services with the assistance of master designer Chip Foose, mocked up on a Mustang with the use of clay and wood.

The molds were then manufactured to make a new fiberglass front end, featuring high-powered PIAA driving lights, new fender flares, side skirts and scoops, hood and trunk lid. For the car’s movie appearance, it was powered by a 351/400 HP Ford crate engine, which is located together with a front subframe body brace by Total Control Products, LLC.

Each year, a one-off aviation-themed Mustang is auctioned off to benefit a charitable institution. This special-edition Mustang is presented to the Experimental Aircraft Association Airventure celebration and was sold for $370,000. The Tuskegee Airmen of World War II that came out in 2010 is the inspiration for this year’s 2013 Mustang Boss 302 Laguna Seca Red Tails edition.

Last year, a Mustang GT was customized to have the appearance of a U.S. Navy Blue Angel F/A-18 Hornet, while a Mustang tribute to the SR-71 Blackbird was featured the previous year. The Tuskegee Airmen are famous for being the first squadron of African-American pilots of the U.S. Army Air Force. “Red Tails,” a movie by George Lucas, even mentioned them.

These Airmen went on several missions, including one that had them escort B-17 and B-24 bombers as they bombed Europe, which were occupied by the Nazi back then. The tribute prepared this year for the airmen is a good fit especially since the original Ford Mustang got its name from the Army Air Force’s P-51 Mustang fighter, which is actually the fighter that the Tuskegee Airmen used.

If you’re a true movie and car buff, you would likely know Eleanor, the 1973 Ford Mustang Mach 1 that was featured in the 1974 film ‘Gone in 60 Seconds’. If this is the case, you should know that this was auctioned off on Jan. 14 at the Autosport International show in Birmingham by COYS the international car auctioneers at the Autosport International show.

This vehicle is expected to raise up to £100,000. In the movie remake in 2000, the producers had to use another car (a Mustang) in an exciting chase sequence. The movie shows off a series of exotic sports cars and so this Mustang just had to be special due to the competition.

To create a 1967 Mustang GT500, famous Hot Rod illustrator Steve Stanford was enlisted to participate. The production company hired former Boyd Coddington designer Chip Foose to help out. Stanford’s drawings with Ray Claridge of Cinema Vehicle Services in North Hollywood, illustrate a new wider wheel arches, a bonnet with an obvious bulge, deep front valance and side skirts and a spoiler incorporated into the boot lid were designed.

SPX Corporation has chosen Galpin Auto Sports to create a unique top-performing Ford Mustang that will be auctioned in January 2012 at the Barrett‐Jackson Collector Car Auction in Scottsdale, Ariz. But before going to Scottsdale, it was unveiled to the public on September 22 in Las Vegas. The car made several appearances at auto shows and events throughout the country, such as in SEMA 2011. GAS fabricated an all‐metal wide‐body that extends the width of the vehicle by nine inches more than a stock Mustang.

Its engine performance is increased to over 700hp by a Ford Racing supercharger. This complements the aggressive design and stance of this vehicle, which clearly takes inspiration from the Mustang BOSS 429. It also features Forgiato 22x14 rear and 21x11 front three‐piece GTR wheels that were covered by 335/25/22 and 295/25/21 Pirelli tires.

Its interior was enhanced by custom red suede and black leather trim and upholstery with suede headliner. In addition, the Mustang comes with a Bassani Performance exhaust system, a 1000‐watt JL Audio system, a custom formulated PPG paint, and several other unique features.

The very rare Ford Mustang Boss 302 Laguna Seca 2012 model has got an interesting story behind it. This particular Mustang is a proud creation of Melvin Betancourt (Ford Designer), which will be auctioned at an approaching charity event. Interestingly, the said charity event is for the benefit of Henry Ford’s Health System for education, research and cardiovascular care. Here’s why. Not known to many, but eleven years before, the Ford Designer suffered a severe heart problem. Betancourt described the one-off Mustang Laguna Seca as something that he made “straight from the heart.” He even referred to it as “labor of love” because he wanted to thank the doctors at Henry Ford’s cardiovascular unit for giving him a second chance to live.

Betancourt narrated the time that he went for a visit (to the doctor) and thought that he only had a bad case of flu. Apparently, the specialists told him that he has a tear in the major blood vessel (a.k.a. Aortic dissection). This problem led to the abnormal growth of his aorta that’s why all at once, he was subjected to an open-heart surgery to save his life.

During the talks, Betancourt also stressed the importance of early detection because the same type of heart problem usually causes sudden death. He remembered how the doctors at Henry Ford warned him how almost anything (i.e. sleeping, straining) could trigger the aorta to burst. Good thing, the heart surgeons at the Henry Ford Hospital did a great job in fixing his heart. Nevertheless, he knows the implications of high-risk surgery that’s why he couldn’t thank these people enough for the positive outcome of the procedure.

At the Gathering of Eagles charity auction last week, a "Blue Angels" edition 2012 Ford Mustang GT sold for $400,000. This unique vehicle, which was created by a select design and engineering team at Ford Motor Company, was bought by a man from California.

The venue of the auction was at the Experimental Aircraft Association (EAA) AirVenture Oshkosh 2011, the greatest aviation celebration in the world. The EAA Young Eagles organization will receive all the proceeds from the sale of this donated car.

This organization had given free introductory flights to over 1.6 million young people since 1992 while at the same time, it was teaching the value of hard work, personal responsibility and improved math and science skills. The Ford "Blue Angels" Mustang celebrates 100 years of naval aviation.

The auction at the Experimental Aircraft Association's AirVenture show in Oshkosh, Wisconsin, to sell the SR-71 Mustang failed to achieve its target of $500,000. The two builders, Jack Roush and Carroll Shelby, came together in support of the EAA Young Eagles, a nonprofit organization that gives educational flights for children.

The Mustang only fetched $375,000 from an unnamed buyer. For many years, the EAA has been the recipient of Ford's unique auction vehicles. The amount raised by such events in the last 15 years has been donated. The car has already been purchased but it will still be on display at the Ford tent until Sunday at the AirVenture show.

The vehicle was built in honor of the SR-71 Blackbird long-range reconnaissance airplane. Its name stands for two automotive icons: S for Shelby, R for Roush.

Ford surprised visitors at the 2019 North American International Auto Show (NAIAS) in Detroit, Michigan when it introduced the all-new 2020 Ford Mustang Shelby GT500, which it touts as the most powerful street-legal Ford so far. The Mustang Shelby GT500 will arrive in Fall 2019, with prices to be announced close to launch date.

Basically a Mustang without a pony logo but with a cobra badge, the 2020 Ford Mustang Shelby GT500 will be powered by a 5.2-liter V8 engine with Eaton 2.65-liter Supercharger. This mill is mated to a segment-first dual-clutch transmission, a Tremec 7-speed dual clutch transmission that is capable of shifts in under 100 milliseconds.

Ford didn’t disclose the exact output numbers for the 5.2-liter V8 engine, but said that this mill is capable of deliver more than 700 of whooping horsepower. According to Ford, this should allow the new Mustang Shelby GT500 can accelerate from zero to 60 mph in mid-three seconds and reach a quarter mile in sub-11 seconds.

Can a Dacia Duster be compared with a Ford Mustang? It would be difficult to do so as these vehicles compete in different categories and segments, have different price points and different target markets. Moreover, in terms of power and performance, the Duster couldn’t be compared to a Mustang.

Nonetheless, there is one person who believes that Dacia’s budget SUV is similar to the Ford’s legendary pony car. This person is the chief of design for Group Renault -- Laurens van den Acker. Dacia, the Romanian subsidiary of Group Renault, has been building the Duster since 2009, while Ford has been producing the Mustang since 1965. Despite the Duster being just a decade old, van den Acker told Autocar that the SUV is similar to the Mustang in a sense that it is already an iconic model with an identity stronger than the brand.

Group Renault’s design chief believes that the identity of the Duster as a model is already larger than Dacia as a brand. This is similar to the iconic pony car – the Mustang as a model has a stronger identity than Ford as a brand. The Duster is iconic to Dacia just as the Mustang is iconic for Ford.

The limited-run Volkswagen XL1 plug-in hybrid coupe isn't your ordinary car. While it doesn’t have superb power or excellent handling, it does offer superior levels aerodynamics and fuel efficiency. Too bad, its production was very limited and there is no chance you can get a new XL1.

But in a twist of fate, an almost new VW XL1 is up for auction in the United Kingdom. According to Autoblog, Silverstone Auctions will be conducting the auction for the XL1 plug-in hybrid. In particular, the model to be auctioned is 2014 VW XL1. Yes, this plug-in hybrid model is already around four years old, it is practically new. After all, this super-aerodynamic coupe registered only 79 miles on the odometer.

This 2014 VW XL1 coupe is just one of the 30 examples sold by the German carmaker in the UK. Overall, VW only built 250 models, all of which were sold in Europe including in the UK. Thus, the auction is a great opportunity to purchase a rare model, and a fairly new one not the least.

The Ford Mustang is definitely a performance machine made to dominate the roads. Nonetheless, the Mustang could be further improved by availing some packages from Ford Performance. To this effect, the newest version of the Mustang offers a wholesome improvement in terms of style, performance and enjoyment. The new Series 1 Mustang RTR Powered by Ford Performance delivers a greater degree of driving and owner experience.

Ford Performance in collaboration with World champion drifter Vaughn Gittin Jr. and his RTR Vehicles team, came up with a Mustang that dons RTR’s signature modern and aggressive styling as well as with the ability to suit itself to a number of driving conditions.

This is made possible by installing a suspension system from Ford Performance that features adjustable sway bars. These sway bars can be adjusted to change chassis balance for either passive or MagneRide suspensions. In effect, the Series 1 Mustang RTR Powered by Ford Performance can adjust for a driving down a twisty backroad, challenging lap times, zooming on a drag strip or even drifting.

At the start of the year, Ford announced that it is planning to develop a new electric vehicle that focuses on performance. At the announcement, Ford said that the new performance EV would be named Mach 1. Eventually, the Mach 1 moniker was shelved, but not the performance EV. Now, Ford has released a new teaser that officially previews this upcoming EV.

During the January announcement, Ford said that this performance EV would released in 2020. In March this year, Ford Global Markets President Jim Farley remarked that the performance EV would be like a four-door SUV version of a Ford Mustang. Essentially, this means that the new performance EV would be an electric SUV with the looks or performance of the Mustang, or both.

Now, the recently released teaser image looks like a sketched silhouette of Ford’s new performance EV. It may seem so vague and unclear until a closer inspection reveals that it features the rear end of a Ford Mustang. That basically confirms the relationship of the new performance to Ford’s iconic pony car. However, this is a teaser image, and a sketch nonetheless, which means that it final looks may differ from the Mustang but retain some cues that indicate its high-performance nature.

Spending more than $40 million for a used 56-year old car is totally absurd. But it wouldn’t be weird at all if that car is a Ferrari 250 GTO that was driven by Phil Hill, the only American-born driver who has a Formula 1 crown. Just recently, a 1962 Ferrari 250 GTO was sold at $48,405,000 at RM Sotheby’s auction sale in Monterey, California.

The auction started when the 1962 Ferrari 250 GTO -- – with the chassis number 3413 GT -- was driven on the stage by Derek Bell, himself a legend for winning the Le Mans 24 Hours five times. The sale was conducted by auctioneer Maarten ten Holder, who started the bidding at $35 million. The bid price quickly jumped to $40 million, and then slowly climbed itself up -- with increments of $250,000. When the bid price reached $44 million, nobody dared to top the amount, and the hammer was banged.

Final bid price for the 3413 GTO was $44 million, but the addition of buyer’s fee and other taxes pushed the total price to $48.4 million. It was sold to a major car collector based in the United States. The seller was former chief software architect at Microsoft, Greg Whitten, who is also known for being a Ferrari enthusiast and vintage car driver. Whitten had been the owner of the 3413 GTO since 2000. He has shown it at a number of vintage motorsport events, including four GTO anniversary tours.

Every June or July of every year, motor racing vehicles – especially historic ones -- flock at West Sussex, England to challenge the hillclimb event of the highly prestigious Goodwood Festival of Speed. For the first time in the festival’s history, a vehicle will brave the hillclimb without a driver behind its wheels.

So far, the Goodwood Festival of Speed has been graced by conventionally powered and electrified vehicles. However, all of these vehicles completed the 1.86-km (1.16 miles) hillclimb with a driver piloting the steering wheel. This is due to change this July 12, 2018 when an autonomous vehicle created by the collaboration between Siemens and Cranfield University tries to run the course.

People who might want to witness the first autonomous hillclimb at the Goodwood Festival of Speed, however, should not expect an all-new self-driving car climbing its way up to the Goodwood House. Instead, they should look out for 1965 Ford Mustang with a distinctive silver wrap. The sides of this 1965 Mustang feature the number “25”, commemorating the 25th anniversary of Goodwood. This autonomous Mustang also features the blue “Siemens” logo and a stripe running on the lower flank with the same color as the logo. Stripes of the same color are also found on the hood and roof of the autonomous Mustang.